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Reserve has made it abundantly clear that it is ending its quantitative easing (QE) bond and mortgage buying program (the Fed has already slashed it from $85 billion a month to $25 billion/month)
Mortgage rates have been falling for 30 years in a virtually straight line.
"a housing bubble in Canada that could lead to a drop in property value of nearly 40% in some markets, according to a report by the Canadian Centre for Policy Alternatives."
People are only able to afford rising home prices, because of historically low interest rates. Prices are rising because interest rates are historically low.
KRUEGER SAYS WORKERS NEED TO 'RATCHET DOWN WAGE EXPECTATIONS'

Sources:
http://www.zerohedge.com/sites/defaul...
http://www.zerohedge.com/news/2014-08...
http://streettalklive.com/images/1dai...
http://www.zerohedge.com/news/2014-08...